A variety of dollar levels or limits apply to contributions which may be made or benefits which may be earned under tax-qualified retirement plans. These are expressed as dollar amounts and are applied for a variety of purposes. Many of the dollar limits are subject to annual change by the IRS, while others are set by statute and are not subject to change. As happens late in each calendar year, the IRS has announced the limits for 2013. The more widely applicable changes are set out in the following table.
Click here to view table.